Annual reporting season is well and truly underway, with today's list including the ASX's biggest domestic gold miner.
- Northern Star Resources reported record full-year free cashflow of $536 million, up 16% year-on-year, driven by $1.4 billion in underlying net profit. It has declared a final dividend of 30c per share (full-year payout 55c), with its cash holding now above $1 billion
- Whitehaven Coal reported underlying NPAT of $319 million, down 67% year-on-year despite a 63% increase in net revenue. It held $1.2 billion in cash at the end of June
- Genesis Minerals' EBITDA increased 256% to $454.1 million, with cash build of $395 million (before its $250 million Laverton acquisition, $100 million debt drawdown and $145 million in growth and exploraiton investment). It had $263 million in the bank at the end of June. FY26 guidance has been put at 260,000–290,000oz gold at AISC of $2500–2700/oz, with $190–$229 million earmarked for growth capex and exploration
- Some big news from Vault Minerals. Managing director and CEO Luke Tonkin announced his resignation as the miner launched a 10% share buy-back. Tonkin will step down within 12 months. Vault's cash and bullion position grew 51% to $685.9 million in FY25
- St Barbara posted a full-year loss of $52 million, with cash at the end of June of $67 million. It announced that PNG's Mining Advisory Committee had recommended an extension of its SImberi mining lease to 2038
- And AIC Mines ended June with $60.8 million cash following full-year earnings of $63 million (up 22%)
Stay tuned for updates from Agnico Eagle, Gorilla Gold Mines, Rox, Ausgold and more.
